Republicans celebrated their first legislative win of the year Wednesday, after both houses of Congress passed a sweeping tax reform package.
But one Democratic congresswoman told Cheddar there’s still hope for constituents who remain opposed to the bill.
“Stay mobilized, let your voice be heard,” Representative Bonnie Watson Coleman (D-NJ) said Wednesday morning, after the Senate voted, but before the House reconvened. “Nothing is permanent but death and taxes, and we can do something about these taxes and we can do something about the makeup of this Congress.”
The president and his party leaders gathered Wednesday afternoon to praise the benefits of the tax system overhaul, which drops the corporate tax rate from 35 to 21 percent, nearly doubles the standard deduction for individuals, and lowers the tax rate for most income brackets.
While the GOP says the long-overdue changes will provide a boost to the economy, Democrats dispute that claim and say the bill will largely benefit the wealthiest Americans and balloon the deficit.
The bill does appear to be broadly unpopular. A recent CNN poll found that 55 percent of respondents opposed the legislation, a 10 percentage point increase since last month. Still, it passed the House by a vote of 224-201 Wednesday afternoon, with only 12 Republican naysayers.
Republicans also took to Twitter to cheer the victory. President Donald Trump posted a gif that read “Tax Cut for Christmas”.
For full interview [click here](https://cheddar.com/videos/rep-bonnie-watson-coleman-d-nj-says-voters-can-change-the-makeup-of-congress-in-2018).
John Lewis was celebrated as an American hero during his funeral as former President Barack Obama and others called on people to follow Lewis’ example and take action in the face of injustice.
Statues commemorating the Confederacy are being torn down across America as a result of racial unrest following the murder of George Floyd in Minneapolis. But the largest monument in the country has been left out of the conversation: Stone Mountain monument in Georgia. The 42-foot-deep, 76-by-158 foot carving of Confederate President Jefferson Davis, and Generals Robert E. Lee and Stonewall Jackson sits on the face of the world’s largest piece of exposed granite. Removing it could require bitter political debate and a year-long demolition. But for most, the racist history it represents is too hard to ignore.
Unemployment claims rise for the second week as states reverse course on reopenings amid spikes in coronavirus cases. Tyler Goodspeed, acting chairmain of White House council of economic advisers, talks current standing of the economy.
Former GOP presidential candidate Herman Cain has died after battling the coronavirus. He was 74.
President Donald Trump is for the first time floating a “delay” to the Nov. 3 presidential election, as he makes unsubstantiated allegations that increased mail-in voting will result in fraud.
Four Big Tech CEOs are fending off accusations of stifling competition in front of a congressional panel that is investigating market dominance in the industry.
Cheddar takes a look at some key differences between proposals by Republicans and Democrats on the next phase of economic stimulus amid the pandemic crisis.
The Federal Reserve expressed concern Wednesday that the viral outbreak will act as a drag on the economy and hiring in the coming months and said it plans to keep its benchmark short-term interest rate pegged near zero.
Cheddar delves into the differences on approaches toward economic recovery and business between the House Democrats and the Senate Republicans.
Attorney General William Barr is defending the aggressive federal law enforcement response to civil unrest in America, saying “violent rioters and anarchists have hijacked legitimate protests” sparked by George Floyd’s death at the hands of Minneapolis police.
